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Speaker 1: What's up.

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Speaker 2: This is the people Shark here at Damon John with

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Speaker 2: another motivation moment for you courtesy of that Moment with

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Speaker 2: Damon Don, a production of The Black Effect Podcast Network

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Speaker 2: and iHeartRadio Now. According to a Business News Daily report,

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Speaker 2: women of color are four point five times more likely

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Speaker 2: to start a business than other demographics are. Now, that

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Speaker 2: is the interesting fact because many people, as we go

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Speaker 2: on our lives, we don't necessarily think about, you.

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Speaker 1: Know, while what other people are doing.

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Speaker 2: And maybe if you're a person of color and you

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Speaker 2: were sitting there saying, well, I don't know where to start. Well,

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Speaker 2: if women of color are four point five are more

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Speaker 2: likely to start a business, that means, first of all,

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Speaker 2: they're registering and creating the business.

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Speaker 1: It doesn't a lot of people don't even they're hustle.

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Speaker 2: As they're hustled and they don't know how to start

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Speaker 2: a foundation, but they are.

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Speaker 1: Starting the business.

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Speaker 2: Also, they're saying to themselves, listen, I don't want to

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Speaker 2: work on other people's dreams.

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Speaker 1: I don't want to work online the same time. Or

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Speaker 1: maybe I'm working on other people's dreams.

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Speaker 2: During the daytime and I'm gonna work online at night

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Speaker 2: and I'm only here the way that I am because

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Speaker 2: of my mother.

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Speaker 1: My mother didn't.

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Speaker 2: Necessarily start a business, but she always had a hustle

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Speaker 2: and she taught me how.

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Speaker 1: To put that hustle into a business. So, uh, you

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Speaker 1: know a lot of things.

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Speaker 2: A lot of time you can go out there and

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Speaker 2: say not by myself, or if you are somebody who

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Speaker 2: do know women of color and you can say, listen,

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Speaker 2: this demographic is more likely to start businesses.

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Speaker 1: Help them.

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Speaker 2: You know a lot of times investing is not necessarily

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Speaker 2: investing in catcause investing time, you know, can you advise them?

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Speaker 2: Are you a great accountant? Are you a great attorney?

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Speaker 2: Are you a great stockbroker? Are you a great CFO?

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Speaker 2: Someplace else? And you've been doning your time with dedicating

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Speaker 2: your time to organizations for people that want to help themselves.

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Speaker 2: Network for teaching entrepreneurship is a great one that teaches

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Speaker 2: young kids of any color in uh low end communities

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Speaker 2: how to become entrepreneurs. Network or Teaching entrepreneurship nifty it's called.

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Speaker 2: And so maybe you don'tate your time there, and if

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Speaker 2: you don't know about nifty, maybe your kids, if you

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Speaker 2: happen to be in those communities that need that help,

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Speaker 2: and maybe your kids need to know about nifty.

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Speaker 1: So again, there are so many different, really great things.

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Speaker 2: Tune in every single Monday and Tuesday for new episodes

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Speaker 2: of That Moment with Damon John, brought to you by

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Speaker 2: the Black Back Podcast Network. Check it out wherever you

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Speaker 2: get your podcasts.